A wind power system is designed to provide usable wind power using wind turbines. A typical wind power system consists of an arrangement of wind turbine components such as generators and blades and other electrical accessories and cabling that are required to set up a working wind power system. A wind power system converts wind power into electricity.

Technavio’s analysts forecast the global wind power systems market to grow at a CAGR of 5.96% during the period 2018-2022.

Covered in this ReportThe report covers the present scenario and the growth prospects of the global wind power systems market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Wind Power Systems Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

GENERAL ELECTRIC

Nexans

Prysmian Group

SIEMENS GAMESA RENEWABLE ENERGY

Vestas

Xinjiang Goldwind Science & Technology

Market Driver

Growing investments in renewable energy

For a full, detailed list, view our report

Market Challenge

Competition from fossil fuels

For a full, detailed list, view our report

Market Trend

Global energy transition

For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2022 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

MethodologyResearch methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.